College of Law and Governance
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Item Regulations of commercial banks in Somaliland a critical examination of the law and practices: A CASE OF COMMERCIAL BANK OF SOMALILAND(Mekelle University, 2024-06-21) Abdimalik kosar MohamoudOne of the major actors in the banking are commercial banks there are different types of banks which central bank and commercial banks are the main ones. Therefore, this study was assisting the Somaliland commercial bank in developing, how to develop and make the commercial bank sector policy more inclusive and recommendations on how to provide commercial bank, while meeting the needs of the various actors; and development of a bank document based on findings and opportunities for commercial bank of Somaliland and other development partners to assist in development of an inclusive financial sectors in Somaliland. The report also provides a framework for capacity building for both commercial bank and central bank. The study takes a capacity and gaps for banking Somaliland, by identifying commercial banks opportunities, policy imperatives as well as regulatory barriers to exploit these opportunities. The study is based on literature review and field assessment to analyze access to commercial banks in Somaliland. The main purpose of this work is to assess the adequacy of the laws regarding the regulation of commercial banks in Somaliland. Especially emphasis to the regulation of commercial act to that end, international literatures and practice as well as the pertinent legislations commercial bank in Somaliland will be analyzed thoroughly. Moreover, in order to see the practice of commercial bank in light of the applicable laws, the prevailing practice in the sector will be assessed. In addition to analyzing of the legislations, this research paper will also use interviewees and analyzing of data rendered in relation to commercial bank.